Barrington lowered the firm’s price target on Option Care Health (OPCH) to $32 from $42 and keeps an Outperform rating on the shares. A “mixed bag” Q1 report and go-forward guidance has “rattled” investors, but a “battering of 24% seems like too much” and is likely a buying opportunity, the analyst contends.
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Read More on OPCH:
- Option Care Health price target lowered to $26 from $38 at Deutsche Bank
- Option Care Health: Execution Risks, CID Headwinds Prompt EBITDA Cut and Price Target Reduction to $23, Supporting Hold Rating
- Option Care Health Balances CID Hit With Stable Profits
- Option Care Health price target lowered to $32 from $38 at Citizens
- Option Care Health falls -29.7%